Secunet Security Networks AG
secunet Security Networks Aktiengesellschaft operates as a cybersecurity company in Germany and internationally. It operates in Public Sector and Business Sector segments. The company offers safety audits and analyses; Biomiddle, a middleware for biometrics and eID applications; Bocoa, a digital ID tool; Easygate, an automated border control system; Easykiosk, a self-service kiosk system; SINA wo… Read more
Secunet Security Networks AG (0NWC) - Net Assets
Latest net assets as of June 2025: €137.96 Million EUR
Based on the latest financial reports, Secunet Security Networks AG (0NWC) has net assets worth €137.96 Million EUR as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€342.45 Million) and total liabilities (€204.49 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €137.96 Million |
| % of Total Assets | 40.29% |
| Annual Growth Rate | 10.58% |
| 5-Year Change | 46.77% |
| 10-Year Change | 274.76% |
| Growth Volatility | 14.61 |
Secunet Security Networks AG - Net Assets Trend (2002–2024)
This chart illustrates how Secunet Security Networks AG's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Secunet Security Networks AG (2002–2024)
The table below shows the annual net assets of Secunet Security Networks AG from 2002 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €150.83 Million | +9.42% |
| 2023-12-31 | €137.84 Million | +7.83% |
| 2022-12-31 | €127.83 Million | -1.53% |
| 2021-12-31 | €129.82 Million | +26.33% |
| 2020-12-31 | €102.77 Million | +31.81% |
| 2019-12-31 | €77.96 Million | +12.15% |
| 2018-12-31 | €69.52 Million | +17.65% |
| 2017-12-31 | €59.09 Million | +25.88% |
| 2016-12-31 | €46.94 Million | +16.63% |
| 2015-12-31 | €40.25 Million | +12.84% |
| 2014-12-31 | €35.67 Million | +7.82% |
| 2013-12-31 | €33.08 Million | +8.79% |
| 2012-12-31 | €30.41 Million | +9.75% |
| 2011-12-31 | €27.71 Million | +10.75% |
| 2010-12-31 | €25.02 Million | -5.06% |
| 2009-12-31 | €26.35 Million | +12.24% |
| 2008-12-31 | €23.47 Million | +39.59% |
| 2005-12-31 | €16.82 Million | +34.82% |
| 2004-12-31 | €12.47 Million | +4.04% |
| 2003-12-31 | €11.99 Million | -27.43% |
| 2002-12-31 | €16.52 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Secunet Security Networks AG's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 952.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €122.71 Million | 81.40% |
| Common Stock | €6.50 Million | 4.31% |
| Other Comprehensive Income | €-279.46K | -0.19% |
| Other Components | €21.82 Million | 14.47% |
| Total Equity | €150.75 Million | 100.00% |
Secunet Security Networks AG Competitors by Market Cap
The table below lists competitors of Secunet Security Networks AG ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
AUTO PART.SA S.A-G ZY-10
F:6KF
|
$307.72 Million |
|
Bank Ocbc Nisp Tbk
JK:NISP
|
$307.82 Million |
|
Zinzino AB (publ)
PINK:ZNZNF
|
$307.83 Million |
|
Cashway Technology Co Ltd
SHG:603106
|
$307.91 Million |
|
Healthcare Global Enterprises Limited
NSE:HCG
|
$307.57 Million |
|
MIAPF
PINK:MIAPF
|
$307.49 Million |
|
Pexip Holding ASA
PINK:PXPHF
|
$307.43 Million |
|
Thai Vegetable Oil Public Company Limited
BK:TVO
|
$307.39 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Secunet Security Networks AG's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 137,747,092 to 150,749,490, a change of 13,002,398 (9.4%).
- Net income of 27,952,514 contributed positively to equity growth.
- Dividend payments of 15,268,024 reduced retained earnings.
- Other comprehensive income increased equity by 317,909.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €27.95 Million | +18.54% |
| Dividends Paid | €15.27 Million | -10.13% |
| Other Comprehensive Income | €317.91K | +0.21% |
| Other Changes | €-1.00 | -0.0% |
| Total Change | €- | 9.44% |
Book Value vs Market Value Analysis
This analysis compares Secunet Security Networks AG's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 7.99x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 73.27x to 7.99x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2002-12-31 | €2.54 | €186.20 | x |
| 2003-12-31 | €1.84 | €186.20 | x |
| 2004-12-31 | €1.92 | €186.20 | x |
| 2005-12-31 | €2.59 | €186.20 | x |
| 2006-12-31 | €2.93 | €186.20 | x |
| 2007-12-31 | €3.36 | €186.20 | x |
| 2008-12-31 | €3.63 | €186.20 | x |
| 2009-12-31 | €4.07 | €186.20 | x |
| 2010-12-31 | €3.87 | €186.20 | x |
| 2011-12-31 | €4.28 | €186.20 | x |
| 2012-12-31 | €4.70 | €186.20 | x |
| 2013-12-31 | €5.11 | €186.20 | x |
| 2014-12-31 | €5.51 | €186.20 | x |
| 2015-12-31 | €6.22 | €186.20 | x |
| 2016-12-31 | €7.26 | €186.20 | x |
| 2017-12-31 | €9.13 | €186.20 | x |
| 2018-12-31 | €10.69 | €186.20 | x |
| 2019-12-31 | €11.97 | €186.20 | x |
| 2020-12-31 | €15.83 | €186.20 | x |
| 2021-12-31 | €20.03 | €186.20 | x |
| 2022-12-31 | €19.72 | €186.20 | x |
| 2023-12-31 | €21.29 | €186.20 | x |
| 2024-12-31 | €23.30 | €186.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Secunet Security Networks AG utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 18.54%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.88%
- • Asset Turnover: 1.13x
- • Equity Multiplier: 2.39x
- Recent ROE (18.54%) is above the historical average (18.17%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 1.74% | 1.25% | 0.96x | 1.45x | €-1.36 Million |
| 2003 | 37.58% | 21.33% | 1.20x | 1.47x | €3.31 Million |
| 2004 | 3.51% | 1.35% | 1.33x | 1.96x | €-809.54K |
| 2005 | 25.45% | 10.48% | 1.45x | 1.67x | €2.60 Million |
| 2008 | 7.37% | 3.32% | 1.32x | 1.68x | €-617.96K |
| 2009 | 9.14% | 3.77% | 1.38x | 1.76x | €-225.59K |
| 2010 | 7.27% | 3.06% | 1.41x | 1.69x | €-683.60K |
| 2011 | 9.76% | 4.86% | 1.20x | 1.67x | €-66.17K |
| 2012 | 12.13% | 5.48% | 1.21x | 1.83x | €646.76K |
| 2013 | 7.18% | 3.72% | 1.11x | 1.73x | €-932.01K |
| 2014 | 12.25% | 5.31% | 1.20x | 1.92x | €801.90K |
| 2015 | 15.15% | 6.70% | 1.18x | 1.92x | €2.07 Million |
| 2016 | 19.64% | 7.97% | 1.17x | 2.11x | €4.53 Million |
| 2017 | 26.85% | 10.02% | 1.19x | 2.26x | €9.96 Million |
| 2018 | 25.92% | 10.98% | 1.12x | 2.10x | €11.01 Million |
| 2019 | 28.75% | 9.82% | 1.21x | 2.41x | €14.53 Million |
| 2020 | 34.29% | 12.29% | 1.19x | 2.34x | €24.87 Million |
| 2021 | 33.26% | 12.77% | 1.23x | 2.12x | €30.14 Million |
| 2022 | 24.54% | 9.02% | 1.10x | 2.47x | €18.55 Million |
| 2023 | 21.16% | 7.40% | 1.20x | 2.39x | €15.38 Million |
| 2024 | 18.54% | 6.88% | 1.13x | 2.39x | €12.88 Million |
Industry Comparison
This section compares Secunet Security Networks AG's net assets metrics with peer companies in the same industry.
Industry Context
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Secunet Security Networks AG (0NWC) | €137.96 Million | 1.74% | 1.48x | $307.64 Million |
| Nyfosa AB (0A0K) | $2.92 Billion | 39.50% | 2.88x | $973.31 Million |
| High Templar Tech Limited (0A2T) | $12.52 Billion | 4.70% | 0.13x | $255.82 Million |
| Strategy Inc (0A7O) | $51.04 Billion | -7.54% | 0.21x | $40.17 Billion |
| NACON SASU (0A9N) | $67.54 Million | 15.85% | 1.20x | $7.64 Million |
| Antin Infrastructure Partners (0AA5) | $23.79 Million | 108.98% | 1.09x | $573.10 Million |
| Truecaller AB Series B (0AA7) | $1.41 Billion | 18.30% | 0.20x | $281.60 Million |
| Brockhaus Technologies AG (0AAW) | $254.92 Million | -6.23% | 1.68x | $74.40 Million |
| Hyloris Pharmaceuticals S.A. (0AB6) | $48.06 Million | -24.09% | 0.32x | $71.96 Million |
| Kalray S.A. (0ABT) | $28.43 Million | -41.56% | 0.67x | $33.84 Million |
| Webuild S.p.A. (0BJP) | $1.43 Billion | 10.29% | 7.14x | $1.13 Billion |